Posted by frtaylor on 21st of Sep 2010 at 01:35 pm
Hey all, I bought FAST yesterday based on Steve's chart. Hasn't
done anything at all today. Do you think it's still a good
probability trade, or does the fact that it's stalling today mean
it's weak, etc.? Any input would be appreciated for this
greenhorn.
FAST popped up to resistance at 52.40 and pulled back.
With the market quite extended, I have suggested taking
profits quickly. In the bigger picture, it still looks fine
but may need to consolidate/pullback towards the MA's below.
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FAST - going anywhere?
Posted by frtaylor on 21st of Sep 2010 at 01:35 pm
Hey all, I bought FAST yesterday based on Steve's chart. Hasn't done anything at all today. Do you think it's still a good probability trade, or does the fact that it's stalling today mean it's weak, etc.? Any input would be appreciated for this greenhorn.
FAST popped up to resistance
Posted by steve on 21st of Sep 2010 at 01:46 pm
FAST popped up to resistance at 52.40 and pulled back. With the market quite extended, I have suggested taking profits quickly. In the bigger picture, it still looks fine but may need to consolidate/pullback towards the MA's below.